Kintetsu Group Holdings

Kintetsu Group Holdings, headquartered in Japan and operating in the other business services industry, has set ambitious climate goals, aiming for virtually zero CO2 emissions by 2050 for both Scope 1 and Scope 2 emissions. Additionally, the Kintetsu Group (Japan) has committed to reducing its total CO2 emissions by 50% by 2030, using FY2015 as a baseline. Kintetsu World Express, a part of the group, also targets a 100% reduction in Scope 1 and 2 emissions by 2050.

For the reporting year 2024, Kintetsu Group Holdings reported total greenhouse gas emissions of approximately 4.18 billion kg CO2e. This figure is comprised of Scope 1 emissions amounting to about 119.0 million kg CO2e, Scope 2 emissions (market-based) totalling approximately 507.6 million kg CO2e, and Scope 3 emissions at approximately 3.56 billion kg CO2e. Scope 3 emissions are primarily driven by upstream transportation and distribution (about 1.68 billion kg CO2e) and purchased goods and services (around 1.40 billion kg CO2e).

In 2023, total emissions were approximately 4.02 billion kg CO2e, with Scope 1 at about 126.7 million kg CO2e, Scope 2 (market-based) at around 487.4 million kg CO2e, and Scope 3 at approximately 3.38 billion kg CO2e. The largest contributor to Scope 3 emissions in 2023 was upstream transportation and distribution, at about 1.75 billion kg CO2e, followed by purchased goods and services at approximately 1.23 billion kg CO2e.

In 2022, total emissions were approximately 1.95 billion kg CO2e, including Scope 1 emissions of about 77.2 million kg CO2e, Scope 2 (market-based) of approximately 400.4 million kg CO2e, and Scope 3 of about 1.38 billion kg CO2e. The significant portion of Scope 3 emissions in 2022 came from purchased goods and services, totalling around 1.06 billion kg CO2e, and upstream transportation and distribution at approximately 1.30 million kg CO2e.

For 2021, total emissions were approximately 478.4 million kg CO2e, with Scope 1 at about 40.1 million kg CO2e and Scope 2 (market-based) at approximately 338.2 million kg CO2e. Scope 3 emissions were reported at about 104.9 million kg CO2e, though specific breakdowns for categories like purchased goods and services, business travel, and employee commute were not disclosed for this year.

In 2020, total emissions were approximately 477.9 million kg CO2e, comprising Scope 1 emissions of about 46.9 million kg CO2e and Scope 2 (market-based) of around 323.0 million kg CO2e. Scope 3 emissions were approximately 109.0 million kg CO2e, with a similar lack of detailed category breakdowns as in 2021.

For 2019, total emissions were approximately 570.8 million kg CO2e, with Scope 1 at about 53.3 million kg CO2e and Scope 2 (market-based) at approximately 361.1 million kg CO2e. Scope 3 emissions were reported at around 156.5 million kg CO2e.

In 2018, total emissions were approximately 666.2 million kg CO2e, with Scope 1 at about 57.9 million kg CO2e and Scope 2 (market-based) at approximately 450.2 million kg CO2e. Scope 3 emissions were around 132.9 million kg CO2e.

Emissions data for 2017 shows total emissions of approximately 708.2 million kg CO2e, including Scope 1 at about 59.8 million kg CO2e and Scope 2 (market-based) at approximately 562.3 million kg CO2e. Scope 3 emissions were about 65.0 million kg CO2e.

In 2016, total emissions were approximately 672.1 million kg CO2e, with Scope 1 at about 58.2 million kg CO2e and Scope 2 at approximately 549.2 million kg CO2e. Scope 3 emissions were around 64.7 million kg CO2e.

The data indicates a significant increase in reported emissions between 2020 and 2024, particularly in Scope 3. This may be due to increased disclosure of specific categories within Scope 3, such as upstream transportation and distribution and purchased goods and services, which have become more prominent in recent reporting years.